NEW DELHI, Nov 27 (Reuters) - India may extend excise duty
concessions for carmakers beyond Dec. 31, a finance ministry
source said on Thursday, as the industry continues to struggle
with sluggish demand due to high interest rates.
"Car sales are down. The government could extend tax relief
to the auto sector beyond Dec. 31," the source said on condition
The excise duty concessions, which were granted in February
this year, will lapse on Dec. 31, if not extended.
(Reporting by Manoj Kumar; Editing by Subhranshu Sahu)...More